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Open nowPosted 24 days ago

Associate Director of Finance

Acumen4 open roles

Pay
$110,000 – $140,000 a year
Where
New York
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Your applicationOpen nowAssociate Director of FinanceAcumen · New York

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The clock on this job

Early applications get read.

12.3% of postings close within 7 days. Measured by our own scanner across the market. Acumen postings stay open a median of 25 days.

Share of postings closed within
  1. 2.1%1 day
  2. 4.5%3 days
  3. 12.3%7 days
  4. 19.3%14 days
  5. 35.6%30 days
  6. 58.1%60 days
This job: posted 24 days ago

Acumen median: 25 days open

The posting

Acumen Capital Partners is seeking an Associate Director of Finance to advance ACP’s commitment to returnable-capital funds while shaping the financial strategy of a global organization tackling poverty. This is an opportunity to manage complex multi-fund operations, drive strategic decision-making, and strengthen ACP’s financial systems, reporting, and compliance across multiple geographies. Ideal candidates bring deep fund management experience, analytical rigor, and a passion for creating social impact.This role is based in our NYC office with 3 days in the office per week (Tuesday, Wednesday, Thursday).

About Acumen Acumen is a global force of entrepreneurs, investors, philanthropists, and social innovators working together to build a world based on dignity. We were founded by Jacqueline Novogratz on the radical idea that business, when cultivated with moral imagination, can break the cycle of poverty. We invest in transformational companies, build sustainable markets, and prepare leaders with the tools they need to create a more just and inclusive future. Since 2001, we have scaled companies and shaped markets in some of the hardest-to-reach communities on the planet, impacting over half-a-billion lives.

Acumen works across the spectrum of capital, raising philanthropic capital that is deployed in several ways: as patient investment, to build leaders, and to leverage into much larger impact funds – all focused on solving problems of poverty. To learn more visit acumen.org.

About the Role: Acumen Capital Partners’ Associate Director of Finance will be a seasoned professional, with significant experience of fund management, who is passionate about joining an extraordinary organization that continues to drive innovation in the social sector.

Acumen Capital Partners seeks to enhance and deepen its commitment to returnable-capital funds. The organization has grown in complexity over the last few years and is projected to continue to do so. In addition to increasing strategic complexity, the organization has the responsibility of building consistency in managing and operating multiple entities and subsidiaries across multiple geographies, as well as an increasing number of complex LP relationships. This increasing scope means that there will be a greater need to ensure robust and professional fiduciary reporting, systems and controls. In addition, there is a need to assess strategic considerations, determine appropriate structuring, and evaluate the accounting and tax implications in 2026 and beyond.

The Associate Director of Finance will report to the Chief Financial Officer of Acumen with a dotted line to one of the Managing Directors of ACP; they will participate on Acumen Capital Partners management committee. They will be responsible for:

  • Supporting Fund Managing Directors to establish and maintain best-available practice for finance and operations including maintenance of a roster of suitably qualified specialized tax, audit and accounting service providers
  • Maintaining and improving ACP controls, risk, treasury and budgeting, liquidity, investment, cashflow and financial management, including management of GP stakes and cash planning/treasury functions
  • ACP board reporting including strategic planning, modelling and financial performance
  • Regulatory compliance and filing of tax and financial regulatory obligations across jurisdictions (typically US and local) ensuring tax optimization and appropriate transfer taxation requirements
  • Accountability for and implementation of ACP audit related matters
  • Treasury management, including management of ACPs internal financial systems, controls and procedures (incl co-sign on bank accounts), bank account setup/relationship for new funds (US, and Fund level)
  • Other projects and duties may be assigned as the organization grows and evolves.

Qualifications & Characteristics:

  • This leader will bring a minimum of 12 years of experience and care deeply about solving the problems of poverty. They will bring more than passion to the role: they will have the grit and resilience to do this work.
  • They will bring a deep track record of experience of professional fund management particularly in an institutional context of a multi-fund manager.
  • They will be innovative and driven to create optimal structures to address the future opportunities and challenges that are inherent in a complex, geographically and functionally diverse
  • They are an analytical questioner and creative problem-solver; a direct and candid communicator; and a thoughtful and diplomatic change agent who understands organizational dynamics.
  • They will be energized by the intellectual curiosity of their peers and have the humility to recognize all there is to learn from

The ideal candidate for this role will:

  • Be experienced working in a complex, multi-structured, fast-paced, international organization, particularly one with global entities/subsidiaries in developing countries.
  • Have achieved sufficient seniority (and have the personal presence/gravitas) to have been a data-driven decision-maker, and a key strategic business partner in influencing senior management on financial and operational issues.
  • Bring strong relationship skills and versatility to interact effectively with employees, senior management and oversight bodies.
  • Have strong interpersonal skills: a candid and assertive team player with a sense of humor.
  • Demonstrate excellent written and oral communication skills
  • Be a coach with excellent management skills that brings out the strengths of others.
  • Have a natural intellectual curiosity and ability to build a strong network of relationships.
  • Have a proven commitment to creating social change.
  • Self-reflective and aligned with Acumen’s values.

Education:

  • Bachelor’s degree is required; a relevant advanced degree is strongly preferred
  • CPA or Chartered Accountant required

Location & Travel

  • This role is based in Acumen’s New York City office, in Tribeca.
  • Eagerness to travel globally to country offices in London, Pakistan, Kenya (anticipated one trip per year).
  • Permanent authorization to work in the United States.

Deadline to apply: Apply as soon as possible as applications will be reviewed and interviews scheduled on a rolling basis.

Compensation: The compensation for this role ranges from $110,000 to $140,000, plus an annual performance-based bonus and a comprehensive benefits package. This range represents the current low and high end of our Portfolio band.

#LI-ACU1

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